671 Sedgefield St SWConcordNC28025
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Concord at 671 Sedgefield St SW, Concord, NC, 28025 priced at $354,000 converts $2,093/mo rent into after a $1,733/mo obligation. Total monthly income equals $2,093/mo. Return on cash invested prints 19.25% in year one, and rental yield reads 7.09% against a $354,000 entry. Equity gained on principal adds $2,284/yr, while 5% annual appreciation compiles into $97,804 by year five. Five-year ROI reaches 99.2% and total cumulative return in cash sums $116,410. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,093/mo property income covering a $1,733/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28025, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,074 (100%) |
| Owner Occupied HU | 15,931 (66.2%) |
| Renter Occupied HU | 6,759 (28.1%) |
| Vacant Housing Units | 1,384 ( 5.7%) |
| Median Home Value | $356,267 |
| Average Home Value | $399,145 |
Housing Distribution
Address Breakdown
Residential
22,882
Single Family
21,679
Multi-Family
1,203
Businesses
1,495
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Listed by: Australia Dunphy • Lantern Realty & Development, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4316244